In the past week, LPX stock has gone up by 3.35%, with a monthly decline of -8.95% and a quarterly surge of 14.97%. The volatility ratio for the week is 2.43%, and the volatility levels for the last 30 days are 2.26% for Louisiana-Pacific Corp. The simple moving average for the last 20 days is -3.67% for LPX’s stock, with a simple moving average of 13.03% for the last 200 days.
Is It Worth Investing in Louisiana-Pacific Corp. (NYSE: LPX) Right Now?
The price-to-earnings ratio for Louisiana-Pacific Corp. (NYSE: LPX) is 30.41x, which is above its average ratio. Moreover, the 36-month beta value for LPX is 1.87. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 3 as “sell.”
The public float for LPX is 71.02M and currently, short sellers hold a 1.68% of that float. On April 25, 2024, LPX’s average trading volume was 954.34K shares.
LPX) stock’s latest price update
Louisiana-Pacific Corp. (NYSE: LPX) has experienced a rise in its stock price by 1.76 compared to its previous closing price of 73.89. However, the company has seen a gain of 3.35% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that URI, KBR, BCC, LPX & DFH from the Zacks Construction sector are set to beat analysts’ expectations on the back of a solid housing market scenario amid labor woes.
Analysts’ Opinion of LPX
TD Securities, on the other hand, stated in their research note that they expect to see LPX reach a price target of $78. The rating they have provided for LPX stocks is “Buy” according to the report published on September 20th, 2023.
DA Davidson gave a rating of “Buy” to LPX, setting the target price at $76 in the report published on August 23rd of the previous year.
LPX Trading at -1.12% from the 50-Day Moving Average
After a stumble in the market that brought LPX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.06% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.43%, as shares sank -8.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.01% upper at present.
During the last 5 trading sessions, LPX rose by +3.35%, which changed the moving average for the period of 200-days by +0.71% in comparison to the 20-day moving average, which settled at $77.70. In addition, Louisiana-Pacific Corp. saw 6.16% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LPX starting from Gottung Lizanne C, who sale 2,500 shares at the price of $77.58 back on Mar 15 ’24. After this action, Gottung Lizanne C now owns 25,995 shares of Louisiana-Pacific Corp., valued at $193,955 using the latest closing price.
Blosser Michael W, the SVP, Manufacturing Services of Louisiana-Pacific Corp., sale 4,060 shares at $67.00 during a trade that took place back on Dec 14 ’23, which means that Blosser Michael W is holding 49,858 shares at $272,020 based on the most recent closing price.
Stock Fundamentals for LPX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Louisiana-Pacific Corp. stands at 0.07. The total capital return value is set at 0.13. Equity return is now at value 11.84, with 7.40 for asset returns.
Based on Louisiana-Pacific Corp. (LPX), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.83. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 19.93.
Currently, EBITDA for the company is 467.0 million with net debt to EBITDA at 0.36. When we switch over and look at the enterprise to sales, we see a ratio of 2.17. The receivables turnover for the company is 16.65for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
To wrap up, the performance of Louisiana-Pacific Corp. (LPX) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
